TOKYO--(BUSINESS WIRE)--Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today announced earnings results for the third quarter 2017, ending September 30, 2017. For the third quarter, Trend Micro posted consolidated net sales of 37,143 million Yen (or US $334 million, 111.14 JPY = 1USD). The company posted operating income of 11,642 million Yen (or US $104 million) and net income of 9,140 million Yen (or US $82 million) for the quarter.
“As one of the largest and most impactful data breaches unfolded over the quarter, enterprises and consumers were painfully reminded of the value of their data,” said Eva Chen, chief executive officer for Trend Micro. “The rise of incidents like this drive us to constantly identify emerging risk factors and innovative new security layers. Our vision is more clear than ever to make the world safe for exchanging digital information.”
The company will not revise expected consolidated results for the full fiscal year ending December 31, 2017 (released on February 16, 2017). Based on information currently available to the company, consolidated net sales for the year ending December 31, 2017 is expected to be 147,300 million Yen (or US $1,339 million, based on an exchange rate of 110 JPY = 1 USD). Operating income and net income are expected to be 37,500 million Yen (or US $340 million) and 24,600 million Yen (or US $223 million), respectively.
Growth rate figures are calculated from Japanese Yen results. Some discrepancy may therefore be noted in US dollar comparisons owing to fluctuations in currency conversion rates.
Q3 2017 Business Highlights
Valued thought leadership, predications and expertise:
Continued product innovation, development of tools and research to evolve threat defense knowledge:
Anticipating the next big wave:
Q3 2017 Reports, Recognitions and Awards
Recognition was awarded to Trend Micro for a focus on employee development and commitment to customer service in the Selling Power 50 Best Companies to Sell For, which listed Trend Micro for the second consecutive year.
Further recognition of Trend Micro’s focus on employees was received when the company earned a place in the 2017 Top 100 Best Adoption-Friendly Workplaces List, which is published annually by the Dave Thomas Foundation for Adoption. This reinforces Trend Micro’s efforts to be a family friendly employer.
Trend Micro was awarded the following patents in Q3 2017:
|9697026||07/04/2017||High Availability Service Virtual Machine in Virtualization|
|9716701||07/25/2017||Software as a Service Scanning System and Method for|
|9740858||08/22/2017||System and Method for Identifying Forged Emails|
|9747439||08/29/2017||Dynamic network tuner for the automated correlation of|
|networking device functionality and network-related performance|
|9756069||09/05/2017||Instant Raw Scan on Host PC with Virtualization Technology|
|9756063||09/05/2017||Identification of Host Names Generated by a Domain|
|9762385||09/12/2017||Protection of Program Code of Apps of Mobile Computing Devices|
|9760711||09/12/2017||Detection of Repackaged Mobile Applications|
|9774625||09/26/2017||Phishing Detection by Login Page Census|
|9773106||09/26/2017||Method and System for Protecting a Computer System During|
Notice Regarding Forward-Looking Statements
Certain statements that are made in this release are forward-looking statements. These forward-looking statements are based on management's current assumptions and beliefs in light of the information currently available to it, but involve known and unknown risks and uncertainties. Many important factors could cause actual results to differ materially from those expressed in forward-looking statements. These factors include:
About Trend Micro
Trend Micro Incorporated, a global leader in cybersecurity solutions, helps to make the world safe for exchanging digital information. Our innovative solutions for consumers, businesses, and governments provide layered security for data centers, cloud environments, networks and endpoints. All our products work together to seamlessly share threat intelligence and provide a connected threat defense with centralized visibility and control, enabling better, faster protection. With more than 6,000 employees in over 50 countries and the world’s most advanced global threat intelligence, Trend Micro enables organizations to secure their journey to the cloud. For more information, visit www.trendmicro.com.
All product and company names herein may be trademarks of their registered owners.
* “Analysis of the Global Public Vulnerability Research Market, 2016.” Frost & Sullivan. July 2017.